Globalization and Global Problems (Chapter 13) in “Social Problems in Canada”

Transnational Corporations: Engines of Injustice Or Catalyst for Growth? 

• What is a transnational corporation? A corporation that is generally based in an affluent country and has branches, networks, productions or affiliations placed internationally. A corporation whose profit making and production tentacles has no limits, reaching anywhere in the world. 60,000 Transnational corporations drives Globalization with more than half a million overseas affiliates, accounting for about one-quarter of total global output
• By the late 1990’s 51 of the top 100 economies in the world were transnational corporations.